Attention investors! Don't miss out on this unique opportunity to own 8 units across three separate buildings. There's significant potential for value-added opportunities, including the creation of additional units and further development. Conveniently located near Fanshawe College and Argyle Mall, and with easy access to the 401 highway, making these units are appealing to a broad range of tenants. The large parking lot offers ample space for all tenants, plus extra room for visitors. Recent upgrades include all roofs being replaced in 2022, two new boilers (2023), and one new furnace (2021). Four of the 8 units have been fully renovated, leaving the remaining 4 units with great value-add opportunity. Current rental income is $101,168, with potential to reach up to $122,000. (id:46416)
MLS® Number | X12023560 |
Property Type | Multi-family |
Community Name | East H |
Amenities Near By | Schools, Public Transit, Park, Place Of Worship |
Parking Space Total | 10 |
Structure | Patio(s) |
Bathroom Total | 8 |
Bedrooms Above Ground | 14 |
Bedrooms Below Ground | 1 |
Bedrooms Total | 15 |
Appliances | Dryer, Stove, Washer, Refrigerator |
Basement Development | Partially Finished |
Basement Type | N/a (partially Finished) |
Exterior Finish | Stone, Vinyl Siding |
Heating Type | Other |
Stories Total | 2 |
Type | Other |
Utility Water | Municipal Water |
No Garage | |
Shared |
Acreage | No |
Land Amenities | Schools, Public Transit, Park, Place Of Worship |
Landscape Features | Landscaped |
Sewer | Sanitary Sewer |
Size Depth | 115 Ft |
Size Frontage | 125 Ft ,1 In |
Size Irregular | 125.16 X 115 Ft |
Size Total Text | 125.16 X 115 Ft|under 1/2 Acre |
Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/28033739/368-calgary-street-london-east-east-h-east-h
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Klaud Czeslawski
Salesperson
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